Synopsis:
RDB Infrastructure and Power shares rose 4% after the company signed an MoU with NRG Renewable Resources for Rs. 277 crore EPC solar projects of 51 MW across six sites near Nagpur, Maharashtra.
This company is in the business of Real Estate construction, development and other related activities and undertakes EPC and turnkey projects across sectors such as power, real estate, and industrial infrastructure is now in the focus after signing MoU with NRG Renewable Resources Private Limited.
With market capitalization of Rs. 1,115 cr, the shares of RDB Infrastructure and Power Limited are currently trading at Rs. 54.90 per share, increasing 4% in today’s market session making a high of Rs. 56, from its previous close of Rs. 53.83 per share.
About the MoU
RDB Infrastructure and Power Limited (formerly RDB Realty & Infrastructure Limited) announced that it has signed a Memorandum of Understanding (MoU) with NRG Renewable Resources Private Limited for executing solar power projects of 51 MW (AC) / 65 MW (DC) across six sites near Nagpur, Maharashtra.
The total EPC contract value is Rs. 277 crore, awarded by a domestic entity. The company said project execution will commence within seven days of receiving the advance payment. The order involves setting up and commissioning of the solar power plants, strengthening RDB Infrastructure’s renewable energy portfolio.
The company clarified that neither the promoters nor the group companies have any interest in NRG Renewable Resources and that the contract does not fall under related party transactions.
About the company
RDB Infrastructure and Power Limited (formerly RDB Realty & Infrastructure Limited) is an India-based company engaged in infrastructure development, construction, and renewable energy projects. The company undertakes EPC and turnkey projects across sectors such as power, real estate, and industrial infrastructure, with a growing focus on solar and sustainable energy solutions.
The company has achieved healthy profit growth of 21.3% CAGR over the past five years, with a ROCE of 6.75% and ROE of 6.09%, while also successfully reducing its debt levels. Promoters share holding fell from 70.28% in Q1FY26 to 68.64% in Q2FY26. FII’s holding significantly increased to 2.22% from 0.25%. Public holding stands at 29.15%.
Sales of the company significantly increased from Rs. 20.34 cr in Q4FY25 to Rs. 67.56 cr in Q1FY26. Operating profit rose to Rs. 2.50 from Rs. 0.92 cr. Net profit increased from Rs. 1.16 cr to Rs. 2.72 cr over the same period.
Written by Manideep Appana
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